World Oct 23, 2013

Philippines, China oil firms eye deal in disputed sea

A Filipino-British company has begun talks with China's state-owned offshore oil producer for a deal to jointly explore for oil and gas in the Reed Bank, a vast offshore area in dispute between China and the Philippines, a Filipino official said Wednesday. Energy Secretary Jericho ...

'Frack off': U.K. energy debate erupts

Business | FOCUS Oct 2, 2013

'Frack off': U.K. energy debate erupts

by Karla Adam

This might seem a bizarre place for a battle over energy policy in Britain. A quaint village with a single pub, a well-attended tea room and a population of about 2,000, Balcombe has become the focal point of a heated debate over hydraulic fracturing, or ...

Business / Corporate Aug 13, 2013

Mexico opens oil sector to investment

President Enrique Pena Nieto proposes historic changes to Mexico's state-run energy sector, cracking open the door for global oil giants such as Exxon Mobil and Shell to invest in Mexico's lethargic 75-year-old state oil monopoly.